Written by ForexBrokers.com
In this head to head comparison of XM Group vs IUX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing the online brokers XM Group and IUX, several factors set them apart in terms of trust and regulatory status. XM Group was founded in 2009 and has earned a trust score of 88 out of 99 according to ForexBrokers.com, categorizing it as a trusted broker. In contrast, IUX, which began its operations in 2016, has a trust score of 69, placing it in the high-risk category. Neither XM Group nor IUX is publicly traded or operates as a bank, which means they function independently from banking institutions and stock exchanges.
In regulatory terms, XM Group stands out with four Tier-1 licenses, considered highly trusted, and one Tier-2 license, trusted by ForexBrokers.com. This positions XM Group as a well-regulated entity compared to IUX, which holds no Tier-1 licenses and just one Tier-2 license. These distinctions highlight XM Group's stronger regulatory framework, providing clients with a higher degree of safety and trust in their operations compared to IUX.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Year Founded | 2009 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When examining commissions and fees, XM Group presents a somewhat mixed picture. The standard account has relatively high spreads, and unfortunately, the broker does not disclose average spreads for its XM Zero account, which charges a commission. This lack of transparency can make estimating trading costs difficult, though XM Group still receives a solid 4-star rating for its commissions and fees. In the ranking by ForexBrokers.com, XM Group holds the 33rd spot out of 63 brokers.
In contrast, IUX provides a clearer breakdown of its pricing, depending on the type of account. For basic traders, the Standard and Standard+ accounts are accessible with a minimal $10 deposit, although the Standard+ offers wider spreads but includes deposit bonuses. For those who are more active in trading, the Raw and Pro accounts require a $500 minimum deposit and present more competitive pricing. The Raw account, for instance, features a low average spread after accounting for its $6 commission per standard lot. Average spreads for the EUR/USD pair are around 0.6 pips for the Raw account and 0.7 pips for the Pro account. IUX secures a 4-star rating in the commissions and fees category, coming in at the 49th position out of 63 brokers according to ForexBrokers.com.
Overall, IUX provides a more varied account structure to accommodate different trading styles, with transparency in pricing across account types. Conversely, XM Group's lack of available data on spreads for its commission-based account might present a challenge for traders who prioritize cost predictability. While both brokers earn 4 stars for their fees, potential customers should consider their respective rankings and the nuances of their fee structures to select the best match for their trading needs.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Minimum Deposit | $5 | 10 |
| Average Spread EUR/USD - Standard | 1.6 | 0.9 |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XM Group stands out in offering a broad range of investment options compared to IUX, showcasing its strength in this area. Traders looking for variety will find XM Group attractive as it provides access to 1,394 tradeable symbols, including 55 forex pairs, along with exchange-traded securities on both U.S. and international exchanges. Additionally, it supports copy trading and offers cryptocurrency derivatives. On the other hand, IUX offers a more limited selection of 152 tradeable symbols and 34 forex pairs, with no access to U.S. exchange-traded securities or copy trading options. However, like XM Group, IUX provides access to international exchange-traded securities and cryptocurrency derivatives.
XM Group is highly rated with 4.5 stars for its range of investments, reflecting its comprehensive offerings. It holds a commendable 23rd rank out of 63 brokers on ForexBrokers.com in the range of investments category. IUX, however, is rated slightly lower at 3.5 stars and ranks 60th in the same category, indicating fewer options for traders and investors looking to diversify their portfolios. This makes XM Group a more appealing choice for those who value extensive investment opportunities.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 152 |
| Forex Pairs (Total) | 55 | 34 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by XM Group and IUX, both brokers provide a solid foundation for traders with access to simulated trading through free demo accounts. However, their offerings diverge significantly when it comes to proprietary technology and popular trading platforms. XM Group does not have a proprietary platform, instead relying on widely recognized options like MetaTrader 4 and 5, giving them a slight edge for those who prefer these well-known tools. In contrast, IUX offers its proprietary platform, which may appeal to traders looking for a unique trading experience, though it does not support MetaTrader 4. Both brokers offer web-based and Windows desktop platforms, making them accessible across different devices.
In the realm of features, XM Group stands out with copy trading options, which IUX does not provide. For traders focused on technical analysis, IUX has a significant lead with 89 drawing tools compared to XM Group’s 15. Additionally, those who prioritize watch list customization will find IUX's 46 fields far surpass XM Group’s 7 fields. Despite these differences, XM Group holds a higher overall rating of 4 stars in trading platforms and tools compared to IUX’s 3.5 stars. In rankings by ForexBrokers.com, XM Group is positioned at #31 out of 63 brokers for trading platforms and tools, while IUX trails behind at #59, indicating a generally higher satisfaction level among users of XM Group's offerings.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 106 |
| Charting - Drawing Tools (Total) | 15 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of XM Group and IUX, both platforms offer apps for iPhone and Android, enabling users to trade flexibly. XM Group stands out by providing stock and forex price alerts and facilitating watchlist syncing between the mobile app and the user’s online account. This means any changes made in one location will reflect in the other. While IUX does not offer these features, it does allow users to create watchlists with real-time quotes, similar to XM Group.
In terms of charting capabilities, XM Group allows users to draw trendlines and view multiple time frames on their charts, although drawings aren't auto-saved. On the other hand, IUX does not support trendline drawing but ensures that any chart drawings are saved automatically, enhancing convenience. While XM Group offers 30 technical studies for charting, IUX exceeds that with 106 studies, appealing to traders who rely on extensive chart analysis. Rated 4 stars for mobile trading, XM Group ranks #29 out of 63 brokers according to ForexBrokers.com, whereas IUX holds a slightly lower rating of 3.5 stars and ranks #60.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research features offered by XM Group and IUX, XM Group significantly surpasses its competitor in several key areas. XM Group provides daily market commentary, which is an advantage for traders looking for current insights. Additionally, XM Group includes forex news from esteemed sources like Bloomberg and Reuters, giving traders access to quality information. Their offerings also extend to tools from Trading Central, such as Technical Analytics, and a sentiment-based trading tool that indicates the ratio of long or short positions across various instruments. These features contribute to XM Group’s superior research rating of 5 stars, positioning it at #8 out of 63 brokers as ranked by ForexBrokers.com.
IUX, on the other hand, does not provide daily market commentary or forex news from top-tier sources, which may leave traders with less up-to-date information. Additionally, IUX lacks technical analysis tools from companies like Autochartist and Trading Central, leaving out specific insights that could benefit traders in their decision-making processes. While both XM Group and IUX offer an economic calendar showcasing global news events, IUX’s limited research tools reflect its lower research rating of 3 stars, placing it at #59 on ForexBrokers.com's list. This comparison clearly demonstrates that XM Group offers a more comprehensive suite of market research tools and information, making it a more formidable choice for traders seeking in-depth market analysis.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginner traders, XM Group stands out significantly compared to IUX. XM Group offers a wide range of learning materials, including more than ten educational pieces centered on forex and CFDs, online webinars held monthly, and a searchable archive of past webinars. Moreover, beginners can benefit from over ten videos tailored specifically for them, alongside a rich selection of advanced materials for experienced traders. These comprehensive offerings contribute to XM Group's impressive 5-star rating and its high ranking of #7 out of 63 brokers when evaluated for education by ForexBrokers.com.
In contrast, IUX falls short in its educational offerings for beginners. While it does provide ten beginner-focused trading videos, it lacks a wider array of learning resources dedicated to forex and CFDs. IUX also does not offer regular webinars, archives of past sessions, or advanced educational videos, which could aid traders in deepening their expertise. Given these limitations, it's rated with 3 stars and ranks at #59 by ForexBrokers.com for educational resources. Both brokers do not provide an investor dictionary, but XM Group's commitment to education for beginners clearly surpasses that of IUX.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than IUX. XM Group finished with an overall rank of #17, while IUX finished with an overall rank of #63.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 69 |
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Both XM Group and IUX do not provide the option to purchase actual (delivered) cryptocurrency, but they each offer the ability to buy cryptocurrency derivatives.
Both XM Group and IUX provide Skrill, Visa or Mastercard, and bank wire options for depositing or withdrawing account funds, but neither offers ACH, SEPA transfers, or PayPal as fund transfer methods.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | XM Group | IUX | |
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| Trust Score | 88 | 69 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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| Regulation | XM Group | IUX | |
|---|---|---|---|
| Trust Score | 88 | 69 | |
| Year Founded | 2009 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 0 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | XM Group | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 152 | |
| Forex Pairs (Total) | 55 | 34 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | XM Group | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | IUX | |
|---|---|---|---|
| Minimum Deposit | $5 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | XM Group | IUX | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | XM Group | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 46 | |
| Charting - Indicators / Studies (Total) | 30 | 106 | |
| Charting - Drawing Tools (Total) | 15 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | XM Group | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | XM Group | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | XM Group | IUX | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | XM Group Review |
| Overall | XM Group | IUX | |
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| Trust Score | 88 | 69 | |
| Winner | check_circle | ||
| Review | XM Group Review |
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